I found a budget friendly rear disc brake kit from Foxbodybrakes.com for around $500. I added the parking brake cable for another $100. I will show you how I installed this kit. I do not show bleeding the brakes as there are plenty of videos doing so.
******** I need to point out I made a mistake in the video. The rotors are directional so I have them reversed. *********
Disc kit:
https://foxbodybrakes.com/collections...
Parking Brake Cable: https://foxbodybrakes.com/collections...
They are D627 pads, SN95 Cobra pads.
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